Skanska awarded contract for Prague subway amounting to SEK 1.3 billion

Skanska awarded contract for Prague subway amounting to SEK 1.3 billion

Skanska has been awarded a construction contract in connection to the
extension of the Prague subway amounting to CZK 3.7 billion, about SEK
1.3 billion. The order will be included in the order bookings for the
second quarter 2011. The customer is the Department of Public
Transportation in the City of Prague.

Subway line A in Prague will be extended with four more stations.
Skanska's contract is the technical part of the construction and
includes building the energy installations and equipping the subway
system with air-conditioning, low voltage and communication system. The
extension of subway line A is about 6 kilometres. Skanska will start the
work immediately and the work will be completed by autumn 2014. 
 
Skanska Czech Republic, which is the country's largest construction
company, had sales in 2010 of about SEK 1 billion. The company has 5,600
employees in the Czech Republic and Slovakia. Skanska is also active in
the Czech Republic in the development of office buildings through
Skanska Commercial Development Europe.

For more information, please contact:
Lucie Nováková, Head of Communications, Skanska Czech Republic, tel +42
073 142 98 47
Edvard Lind, Group Press Officer, Skanska AB, tel +46 10 448 88 08
Direct line for media:  +46 10 448 88 99

This and previous releases can also be found at
www.skanska.com (http://www.skanska.com/)

Skanska AB may be required to disclose the information provided herein
pursuant to the Securities Markets Act.

Skanska is one of the world's leading project development and
construction groups with expertise in construction, development of
commercial and residential projects and public-private partnerships.
Based on its global green experience, Skanska aims to be the clients'
first choice for Green solutions. The Group currently has 52,000
employees in selected home markets in Europe, in the US and Latin
America. Headquartered in Stockholm, Sweden and listed on the Stockholm
Stock Exchange, Skanska's sales in 2010 totaled SEK 122 billion.